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Live Updates  >  Live Update Details

2026-10-31 00:30:25

[Fed's Daly: Artificial Intelligence Has Significant Impact on Short- to Medium-Term Monetary Policy] San Francisco Federal Reserve President Daly said on Friday that artificial intelligence not only affects the long-term economic outlook but is also closely related to the Fed's short- to medium-term monetary policy decisions. Daly pointed out that the Fed needs to understand how technological advancements affect U.S. economic growth, productivity, and the labor market in order to assess its dual mandate of inflation, price stability, and full employment.

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